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Automotive seating supplier Adient plc saw sales and earnings improve in the first quarter, though executives say production disruptions are lingering longer than expected and hurting profitability.The company, domiciled in Ireland with a base in Plymouth, had an adjusted EBITDA of $212 million for…
Operator: Good morning, everyone, and welcome to the Lear Corporation Fourth Quarter and Full-Year Earnings Conference Call. .
SOUTHFIELD, Mich. (AP) _ Lear Corp. (LEA) on Thursday reported fourth-quarter profit of $117.5 million. On a per-share basis, the Southfield, Michigan-based company said it had net income of $1.97.
Lear Corp.'s adjusted net income increased four-fold in the fourth quarter to $118 million, capping a year of steady financial improvement as market constraints ease — for the most part.The Southfield-based automotive supplier saw a 10 percent top line increase to $5.4 billion in revenue for…
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